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Dec 22, 2012
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blackstone the stock. that's because the company chose to come public in june of 2007 at the peak for the stock market and the economy. to really do well a company like blackstone needs a thriving stock market so they can short the market. it can sell off private equity at good prices and that's the situation we'll be in if washington gets its act together and resolve the fiscal cliff before it's too late. after the super bowl is the drop dead moment where it's too late. here's the bottom line. it's counterintuitive on a day when everyone is fretting fiscal cliff negotiations have fallen apart but if we bridge the cliff without too much damage to the economy, we could have a good bull market in 2013. given all of the things that can go right here, remember this stock is only for you, those of you who believe that washington can only get its act together before it's too late if it's a loser. blackstone is a loser. if you're a pessimist about the talks and less about the country in general. "mad money" is ba
blackstone the stock. that's because the company chose to come public in june of 2007 at the peak for the stock market and the economy. to really do well a company like blackstone needs a thriving stock market so they can short the market. it can sell off private equity at good prices and that's the situation we'll be in if washington gets its act together and resolve the fiscal cliff before it's too late. after the super bowl is the drop dead moment where it's too late. here's the bottom line....
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Dec 8, 2012
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john blackstone, cbs news, san francisco. >> pelley: john, thank you. the court also said today it will hear a second case on same- sex marriage. that case is a challenge to the current law that denies married same-sex couples the same federal benefits as other married couples. we checked with the census bureau today and they told us there are just over 600,000 same-sex couple households in olerica today. most states-- 38-- ban same-sex marriages. nine states and the district of ges.mbia allow them. s a cbs news poll last month, just over half of americans, 51%, told us they think same-sex marriage should be legal. it said it should not. exlot of economists were expecting a lousy jobs report today and boy were they surprised. the economy created 146,000 jobs in november. not great, but a lot better than expected. the unemployment rate dropped stlytenths of a point to 7.7%. that's not quite as good as it sounds because it was mostly people who gave up looking for work and were dropped from the count. what does all of this mean to the recovery? here's ant
john blackstone, cbs news, san francisco. >> pelley: john, thank you. the court also said today it will hear a second case on same- sex marriage. that case is a challenge to the current law that denies married same-sex couples the same federal benefits as other married couples. we checked with the census bureau today and they told us there are just over 600,000 same-sex couple households in olerica today. most states-- 38-- ban same-sex marriages. nine states and the district of ges.mbia...
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Dec 29, 2012
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john blackstone, cbs news, in the napa valley. >> glor: and that is not all. apart from the fiscal cliff febate, some other laws are due to expire january 1, and that could cost americans plenty. ar starters, the payroll tax break will end. illial security taxes will go from 4.2% back to 6.2%. if the farm bill is allowed to expire, it is feared milk prices could rise sharply. hundreds of american families famiheartbroken tonight after russian president vladimir putin banned all adoption of russian children by americans. it is believed to be retaliation for a new u.s. law that targets human rights abuses in russia. in the past two decades, more , mo 60,000 russian children have been given new homes inside the u.s. it elaine quijano met one family whose adoption is now on hold. >> look at this. look. >> reporter: two years ago kim and robert summers decided to adopt from russia. it took nearly 18 months, but last july, the couple was matched with a 15-month-old boy. enen you saw his picture for the first time, what did you think? k i knew that this was the child
john blackstone, cbs news, in the napa valley. >> glor: and that is not all. apart from the fiscal cliff febate, some other laws are due to expire january 1, and that could cost americans plenty. ar starters, the payroll tax break will end. illial security taxes will go from 4.2% back to 6.2%. if the farm bill is allowed to expire, it is feared milk prices could rise sharply. hundreds of american families famiheartbroken tonight after russian president vladimir putin banned all adoption...
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Dec 12, 2012
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one is tony james of blackstone. what do you think? >> tony would be terrific. he's a terrific guy. >> he's your partner. >> that would be terrible for us, for sure. it's the last thing i would want. >> what do you think the chances are? have you heard anything? making phone calls? he doesn't confide in you? >> i have no idea about that. i think that the probability is that it would be somebody who is dealing with these types of complex issues, because i don't think they'll all get resolved. that means whether it's an insider, like a jack lew. >> would he be good enough? >> it's not my call. guys like irskin, there are people who have dealt on a regular basis with the congress, given the complexity of these issues, that would be a more logical call. >> thank you for joining us. appreciate it. i will send it back to the studio. >> thanks, andrew. don't be a stranger, steve. would you tell him that, andrew, for me, please? >> he will come on all the time. >> hopefully i don't look too strange, joe. >> no, i don't mean you lo look -- new jersey's not that far. i do
one is tony james of blackstone. what do you think? >> tony would be terrific. he's a terrific guy. >> he's your partner. >> that would be terrible for us, for sure. it's the last thing i would want. >> what do you think the chances are? have you heard anything? making phone calls? he doesn't confide in you? >> i have no idea about that. i think that the probability is that it would be somebody who is dealing with these types of complex issues, because i don't...
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Dec 4, 2012
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john blackstone, cbs news, san francisco. >> pelley: now a curiosity among earth rocks. this is the largest-known cut aqua marine. it's going on display in its new home at the smithsonian in washington. 14 inches all the, five pounds. the gem comes from brazil. it was donated by a florida couple. the duchess of cambridge is in a royal family way. her story is next. next on cbs 5 >>> finally tonight, ever since william and kate said "i will," everyone has been wondering when they would -- have a baby, that is. mark phillips is in london with great expectations. >> reporter: judging from the way she was hopping around playing field hockey at her old school last week, kate the duchess of cambridge did not seem either pregnant or unwell. but now it's official. she's both. the royal family was forced to announce the pregnancy earlier than it would have liked because kate at less than 12 weeks pregnant has been admitted to this london hospital with an acute form of morning sickness, a condition obstetricians like daghni rajasinghm say is uncomfortable but not at this stage wor
john blackstone, cbs news, san francisco. >> pelley: now a curiosity among earth rocks. this is the largest-known cut aqua marine. it's going on display in its new home at the smithsonian in washington. 14 inches all the, five pounds. the gem comes from brazil. it was donated by a florida couple. the duchess of cambridge is in a royal family way. her story is next. next on cbs 5 >>> finally tonight, ever since william and kate said "i will," everyone has been wondering...
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Dec 28, 2012
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john blackstone reports. >> who wants milk? >> me. >> me. >> me. >> reporter: with four children the rasmussen family in california drinks about five gallons a week on milk. if congress doesn't pass the bill, i would cost him $106. that has dad sean rasmussen worried. >> they have to have their milk. we might have to cut elsewhere. >> reporter: without new legislation government prices revert back to 1939 levels. back then the process was more laborious and farmers needed a higher subsidy to cover their costs. dan sumner says the new price of milk would be far above what it now costs dairy farmers to produce it. >> it really will be chaos. >> reporter: so we would go back to this old farm bill which would force the government to buy milk at an extremely high price. >> that's right. >> reporter: this could be a windfall for dairy farmers. >> well, here's the problem for dairy farmers. they don't want chaos in the milk market. it sounds good. gee, everybody will double or triple the price, but who's going to buy it? >> caller: no
john blackstone reports. >> who wants milk? >> me. >> me. >> me. >> reporter: with four children the rasmussen family in california drinks about five gallons a week on milk. if congress doesn't pass the bill, i would cost him $106. that has dad sean rasmussen worried. >> they have to have their milk. we might have to cut elsewhere. >> reporter: without new legislation government prices revert back to 1939 levels. back then the process was more laborious...
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Dec 1, 2012
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here's john blackstone in l.a. >> reporter: it began with 70 workers. now all 800 members of their union are on strike. but 10,000 other dock workers are refusing to cross the picket line. that has brought the normally busy port to a new stand still. geraldine knatz directs the port of los angeles. >> there's probably about a billion dollars worth of goods that come through this port everyday and we probably got about 900,000 or so people in the southland whose jobs are tied to the activity going through this port. >> reporter: the ports are clogged with 16 ships waiting to be unloaded. another six are anchored off the coast. >> if the ships are not working, the truckers are not working, the warehouse people are not working. it will ripple through the supply chain. >> reporter: it doesn't take much of a delay to cause problems for people. >> no. a very short delay will -- can mean that stores may not get a shipment the day that they expect it for their sale. >> reporter: the striking workers handle all the paperwork that gets cargo from the port to the
here's john blackstone in l.a. >> reporter: it began with 70 workers. now all 800 members of their union are on strike. but 10,000 other dock workers are refusing to cross the picket line. that has brought the normally busy port to a new stand still. geraldine knatz directs the port of los angeles. >> there's probably about a billion dollars worth of goods that come through this port everyday and we probably got about 900,000 or so people in the southland whose jobs are tied to the...
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Dec 27, 2012
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blackstone backed sea world entertainment is filing for initial ipo that could raise 100 million dollars. the company intends to trade under the symbol of seas. ford is investing 773 million dollars in new equipment and expansion across six u.s. manufacturing plants in southeast michigan. the latest move is part of its commitment to invest 6.2 billion dollars in u.s. plants by 2015. and mexico's largest airline ordering six 787 dreamliners from boeing with confirmation rights for four additional aircraft. the order is worth more than 1.4 billion dollars. and thousands of workers at 15 east coast ports are still threatening to strike if new deal on wages and container royalties is not reached. the white house says it is monitoring the situation and urges both parties to reach a deal quickly. and that is today's speed read. shibani: that's how it's done. david: that's how it's done. shibani: we are just four days away before the fiscal cliff deadline, and as many investors scramble to adjust their portfolios, we've got a money manager who says he's got three plays that could yield you 20%
blackstone backed sea world entertainment is filing for initial ipo that could raise 100 million dollars. the company intends to trade under the symbol of seas. ford is investing 773 million dollars in new equipment and expansion across six u.s. manufacturing plants in southeast michigan. the latest move is part of its commitment to invest 6.2 billion dollars in u.s. plants by 2015. and mexico's largest airline ordering six 787 dreamliners from boeing with confirmation rights for four...
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Dec 27, 2012
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john blackstone reports. >> they're hunting rivals. >> reporter: angela atkins came to the los angeles gun buyback two hunting rifles and thoughts of the children who died in newtown, connecticut. >> it was emotional, i cried, and i just felt like those were everybody's children. >> reporter: so you're getting rid of your only guns. >> getting rid of my only guns, yeah. i couldn't send them a sympathy card or anything, so i thought that's the best thing i can do. >> reporter: it was because of newtown that mayor villaraigosa moved up the annual gun buyback usually held on mother's day. the city offers gift certificates up to $200 depending on the kind of gun. the nra might say you're taking guns out of the good guys. >> well, the nra says a lot of things that doesn't pass the smell test for most of us. they said what we need are more good guys with guns. well, there are a lot of good guys with guns. we have a lot of good guys with guns, more than anyplace in the world, and we also have a lot of gun violence. >> reporter: a report found that guns likely to be used in crimes were unlikel
john blackstone reports. >> they're hunting rivals. >> reporter: angela atkins came to the los angeles gun buyback two hunting rifles and thoughts of the children who died in newtown, connecticut. >> it was emotional, i cried, and i just felt like those were everybody's children. >> reporter: so you're getting rid of your only guns. >> getting rid of my only guns, yeah. i couldn't send them a sympathy card or anything, so i thought that's the best thing i can do....
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Dec 28, 2012
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john blackstone tonight explains why. >> who wants milk? >> me! >> reporter: with four children, the rasmussen family of los angeles drinks about five gallons of milk a week. if congress fails to pass a farm bill, they may end up spending an extra $120 a month on milk. that has dad sean rasmussen worried. >> we will not cut back on milk. they have to have their milk. we might have to cut elsewhere. >> reporter: without new legislation, government price supports for milk will revert to 1949 levels. back then, the process was more laborious, and farmers needed a higher subsidy to cover their costs. dan summer, professor of agricultural economics at the university of california davis, says the new price of milk will be far above what it now costs dairy farmers to produce it. >> it really will be just chaos. nobody really knows how to act. >> reporter: so we would go back to this old farm bill, which would force the government to buy milk at an extremely high price. >> that's right. >> reporter: this could be a windfall for dairy farmers. >> here's th
john blackstone tonight explains why. >> who wants milk? >> me! >> reporter: with four children, the rasmussen family of los angeles drinks about five gallons of milk a week. if congress fails to pass a farm bill, they may end up spending an extra $120 a month on milk. that has dad sean rasmussen worried. >> we will not cut back on milk. they have to have their milk. we might have to cut elsewhere. >> reporter: without new legislation, government price supports for...
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Dec 9, 2012
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s nn blackstone, cbs news, los angeles. >> dubois: later, less is more. the growing boom in mini houses. how one medical school is recruiting a new generation of family doctors for small-town am america, and sandy's aftermath. a new program hopes to rebuild and rehire at the same time. those stories when the cbs evening news continues. alka-seltzer plus rushes relief ] to all your worst cold symptoms, plus it relieves your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. military families face, we understand. at us
s nn blackstone, cbs news, los angeles. >> dubois: later, less is more. the growing boom in mini houses. how one medical school is recruiting a new generation of family doctors for small-town am america, and sandy's aftermath. a new program hopes to rebuild and rehire at the same time. those stories when the cbs evening news continues. alka-seltzer plus rushes relief ] to all your worst cold symptoms, plus it relieves your runny nose. [ sighs ] thank you! [ male announcer ] you're...
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the asset management arm of blackstone has $550 million in debt. that is the latest from the fox business network. adam: president obama and congressional leaders are set to meet in 20 minutes in a last-ditch effort to work out a fiscal cliff deal but without a deal the defense department can expect $500 billion in cuts. how will this affect the nation's defense contracts? >> the pentagon will face $2 billion over nine years, that works out to $55 billion year cut starting in 2013. the army, navy, air force, marines and coast guard take equal, according to one military analyst who says the impact of the military is, quote, very serious. >> the pentagon and departments are in financial trouble because there has already been a 4 ebullient dollar cut. that is being applied, to take another cut on top of that is devastating. >> it is not just the military itself that will take a hit. defense contractors, private companies that work for the pentagon. one democratic congressman in virginia whose district may be hit hardest says it could mean layoffs. >>
the asset management arm of blackstone has $550 million in debt. that is the latest from the fox business network. adam: president obama and congressional leaders are set to meet in 20 minutes in a last-ditch effort to work out a fiscal cliff deal but without a deal the defense department can expect $500 billion in cuts. how will this affect the nation's defense contracts? >> the pentagon will face $2 billion over nine years, that works out to $55 billion year cut starting in 2013. the...
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john blackstone clears the air. and what town has the winningest football team in the nation? wyatt andrews takes us to a community on hard times now riding high. >> one, two, three. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. whether the u.s. enters the war in syria appears to be up to the dictator bashar al-assad. on monday, david martin reported orte the assad regime had given orders to prepare chemical weapons for possible use to put down the revolt that has been raging in that country for more than a year and a half. oesident obama said the use of these weapons of mass bestruction would be totally unacceptable. well, tonight, david has new intelligence to report, and we have three stories on the breaking news in syria. we'll start with martin at the pentagon. >> reporter: u.s. intelligence so far has not detected any emgns syria is loading chemical weapons on to aircraft, but defense secretary panetta said it appears the embattled assad regime is preparing to do just that. >> there is no question that we remain ve
john blackstone clears the air. and what town has the winningest football team in the nation? wyatt andrews takes us to a community on hard times now riding high. >> one, two, three. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. whether the u.s. enters the war in syria appears to be up to the dictator bashar al-assad. on monday, david martin reported orte the assad regime had given orders to prepare chemical weapons...
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Dec 29, 2012
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john blackstone, napa valley. >>> log onto cbssf.com. >>> heightened patrols for drunk drivers are getting underway starting tonight. agencies will set up dui chick points. the drunk driving crack down comes as the depate is proposing tougher penalties for repeat offenders. devices to prevent a car from starting if the driver is intoxicated. >> we need to do more to save lives. >> statewide, the chp made close to 1200dui arrests during the holidays. >>> another friday night road hazard, critical mass taking to the streets. only a handful of bicyclists showed up tonight in san francisco. this year marks the event's 20th year. >> checking out the headlines, three more murders brings oakland's homicide rate to it's highist since 2006. two men were shot at 1:00 a.m. 90 minutes later, a woman was stabbed to death. police made an arrest in her murder. the shootings happened in an area in west oak lan. some of san francisco's most beautiful murals have become targets for taggers. several have been vandalized from north beach to the tenderloin. vandals -- city public works says it had more than 21
john blackstone, napa valley. >>> log onto cbssf.com. >>> heightened patrols for drunk drivers are getting underway starting tonight. agencies will set up dui chick points. the drunk driving crack down comes as the depate is proposing tougher penalties for repeat offenders. devices to prevent a car from starting if the driver is intoxicated. >> we need to do more to save lives. >> statewide, the chp made close to 1200dui arrests during the holidays. >>>...
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Dec 29, 2012
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cbs reporter john blackstone shows us how tumbling off the fiscal cliff could destroy the legacy of a napa valley vineyard. >> reporter: when his great grandfather started farming her in the late 1800s... >> they farmed orchard fruit and cattle. >> reporter: but much of the land he grew up on is gone, sold, to pay estate taxes after his grandfather's death. >> had to sell all of it. >> estate taxes? >> yes. >> reporter: his grandfather died in 1972 when estate taxes were at an all-time high, 77%. >> it was a big tax bill. it was, you know, half a million dollars. we sold off 150 acres. it gave us something to pay the tax with. >> reporter: now, jeff and his wife marry worry their dream of passing the land on to their two daughters will be ruined by the fiscal cliff. the estate tax rate would rise from 35 to 55% on estates worth over $1 million. at today's prices in the napa valley, the land could easily be worth $8 million. >> you're wealthy, but it's all in the dirt. we're dirt rich, cash poor. >> reporter: for the paiges, more than money is at stake. they want the land which is part
cbs reporter john blackstone shows us how tumbling off the fiscal cliff could destroy the legacy of a napa valley vineyard. >> reporter: when his great grandfather started farming her in the late 1800s... >> they farmed orchard fruit and cattle. >> reporter: but much of the land he grew up on is gone, sold, to pay estate taxes after his grandfather's death. >> had to sell all of it. >> estate taxes? >> yes. >> reporter: his grandfather died in 1972 when...
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Dec 7, 2012
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but as john blackstone temperatures us, even those who must enforce the law are foggy on details. >> reporter: at seattle police headquarters given the task of explaining the new marijuana law. what do you call it? >> marijwhatnow. it's a guide. >> reporter: a lot of people are saying that. it will take a year for the state to write regulations for selling marijuana legally. that leaves confusing gaps. it's still illegal to smoke pot publicly. you can possess it. you can buy it, but nobody is allowed to sell it. nobody is allowed to grow it right now either. how do you get legal pot? >> i couldn't tell you. >> reporter: the new law passed with 56% of the vote. supporters say it will save police and courts time and money. since 2001 more than 130,000 people have been arrested in washington state for marijuana possession. legal marijuana sales could generate washington $500 million a year in taxes and business. opponents worry legalization will lead to more people using drugs. >> this is not what you're going to pick up in baggy at the corner. >> it's the opposite. >> reporter: a forme
but as john blackstone temperatures us, even those who must enforce the law are foggy on details. >> reporter: at seattle police headquarters given the task of explaining the new marijuana law. what do you call it? >> marijwhatnow. it's a guide. >> reporter: a lot of people are saying that. it will take a year for the state to write regulations for selling marijuana legally. that leaves confusing gaps. it's still illegal to smoke pot publicly. you can possess it. you can buy...
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john blackstone on the case that could decide whether gays and lesbians have a constitutional right to marry. a surprising report on the economy. anthony mason looks at the new unemployment numbers and what they mean to the recovery. o started out as a prank involving the british royal nomily. .ow someone caught up in it is dead. mark phillips reports from sndon. and secret santa savesch
john blackstone on the case that could decide whether gays and lesbians have a constitutional right to marry. a surprising report on the economy. anthony mason looks at the new unemployment numbers and what they mean to the recovery. o started out as a prank involving the british royal nomily. .ow someone caught up in it is dead. mark phillips reports from sndon. and secret santa savesch
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Dec 28, 2012
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blackstone acquired seaworld entertainment three years ago. they've filed to take the operator of seaworld and bush gardens a good time? >> let me point out they will still have a controlling interest in this company. they're still selling just a small part of it. if you jump into the ipo you're swimming with the sharks. >> michelle? >> i think theme parks are great. we own some, don't we, tyler? >> yes, we do. >> anything that bolsters what's going on in orlando is great. whether you should buy it, i'm not quite so sure. i would have to take a look at the financials. >> blackstone has done a great job with this company. it was a bad time. people were freaking out about parks and they've turned it around. it's been profitable. >> they've turned it around and generally the theme park stocks, six flags, i think cedar fair is another one have done pretty well this year. i'm always skeptical of buying in on an ipo. they usually don't work out all that well. new york city's mta releasing a subway app to track train arrival times on seven of the cit
blackstone acquired seaworld entertainment three years ago. they've filed to take the operator of seaworld and bush gardens a good time? >> let me point out they will still have a controlling interest in this company. they're still selling just a small part of it. if you jump into the ipo you're swimming with the sharks. >> michelle? >> i think theme parks are great. we own some, don't we, tyler? >> yes, we do. >> anything that bolsters what's going on in orlando...
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john blackstone on why milk may soon double in price. the drilling boom in colorado it's leaving towns flush with cash but what is it leaving behind? ben tracy is there. and dean reynolds on the men who create some of the most precious gifts. all retirees? >> all retirees. and they all get paid the same. >> reporter: nothing. >> nothing. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> glor: good evening, everyone.
john blackstone on why milk may soon double in price. the drilling boom in colorado it's leaving towns flush with cash but what is it leaving behind? ben tracy is there. and dean reynolds on the men who create some of the most precious gifts. all retirees? >> all retirees. and they all get paid the same. >> reporter: nothing. >> nothing. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> glor: good evening, everyone.
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john blackstone tells us those that are supposed to enforce law are a little foggy on the details. >> reporter: at seattle police headquarters, jonah spangenthal lee was given the task of explaining the state state's new marijuana law on an online guide. >> what do you call it? mari-what? the guide to legal pot use in seattle. >> reporter: a lot of people are saying thattix. it will take a year for the state to write regulations for selling marijuana illegally. for now that leaves some confusion gaffes. for example it's still illegal to smoke pot publicly, but last night teem peepdid. let me get this straight-- you can possess it, you can buy it but nobody is allowed to sell it. >> that's correct. >> reporter: and nobody is allowed to grow it right now either. >> that's correct as well. >> reporter: so how do you get legal pot? >> i couldn't tell you. >> reporter: the new law passed with 56% of the vote. supporters say it the save police time and money. since 2001, more than 130,000 people have been arrested in washington state for marijuana possession. legal marijuana sales could als
john blackstone tells us those that are supposed to enforce law are a little foggy on the details. >> reporter: at seattle police headquarters, jonah spangenthal lee was given the task of explaining the state state's new marijuana law on an online guide. >> what do you call it? mari-what? the guide to legal pot use in seattle. >> reporter: a lot of people are saying thattix. it will take a year for the state to write regulations for selling marijuana illegally. for now that...
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Dec 12, 2012
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john blackstone is at clackamass town center. john good morning. >> reporter: good morning, norah and charlie and good morning to our viewers in the west. the christmas spirit quickly left this mall yesterday. one eyewitness said the gunman was wearing a hockey mask and bulletproof mask and calmly fire on announced he was the shooter before he began firing into the as crowds achristmas music plays. >> there's one person saying there's a man with a rifle near the food court and he's still shooti shooting people. >> we are here on foot and there are people bailing out like crazy from everywhere. >> reporter: for shoppers at poor this suburban portland mall it truly was a nightmare before christmas, one captured on this cell phone video. >> there are five to seven tured this gunshots and there was a little ere pause the initial five to seven shots and another four to seven nother shots. >> it was scary. was it was shocking experience.experience. >> today there was about 10,000 people at the mall so there was a huge amount of people
john blackstone is at clackamass town center. john good morning. >> reporter: good morning, norah and charlie and good morning to our viewers in the west. the christmas spirit quickly left this mall yesterday. one eyewitness said the gunman was wearing a hockey mask and bulletproof mask and calmly fire on announced he was the shooter before he began firing into the as crowds achristmas music plays. >> there's one person saying there's a man with a rifle near the food court and he's...
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. >> axelrod: john blackstone in los angeles, thank you. a sad sight here in new york today in a place that's seen its share of trouble lately. an endangered finback whale washed up alive on the beach oh the breezy point section of queens. several volunteer firefighters hosed down the 60-foot whale. they're from one of the departments that fought the fire that destroyed more than 100 homes the night sandy hit. marine biologists say the whale is injured and may not survive. something found after that fire in breezy point brought this woman to tears. but the story did not end there. the next chapter when we come back. yo, give it up, dude! up high! ok. don't you have any usefull apps on that thing? who do you think i am, quicken loans? ♪ at quicken loans, our amazingly useful mortgage calculator app allows you to quickly calculate your mortgage payment based on today's incredibly low interest rates... right from your iphone or android smartphone. one more way quicken loans is engineered to amaze. ♪ smoke? nah, i'm good. ♪ [ male announc
. >> axelrod: john blackstone in los angeles, thank you. a sad sight here in new york today in a place that's seen its share of trouble lately. an endangered finback whale washed up alive on the beach oh the breezy point section of queens. several volunteer firefighters hosed down the 60-foot whale. they're from one of the departments that fought the fire that destroyed more than 100 homes the night sandy hit. marine biologists say the whale is injured and may not survive. something found...
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Dec 12, 2012
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john blackstone, cbs news, san francisco. >> we now return to scott pelley in washington. >> pelley: organized labor suffered a defeat today. michigan, the birthplace of the united auto workers, became the 24th right to work state. that means workers cannot be forced to join a union or pay union dues to get a job. the law was passed today by the republican legislature and signed by the governor. elaine quijano is in lancing for us tonight. >> right to work has got to go! >> reporter: union members from across michigan and other states voiced their anger at the michigan capital. mike huerta has been a member of the united auto workers union since 1997. >> no one wants this in this state. this state is where the birthplace of the united auto workers is, this place is where unions built the middle-class. >> reporter: but republican governor rick snyder insists the legislation will help workers by not forcing them to join unions or pay dues. >> if they don't see value in the union in terms of its activities, should they be forced to pay financial resources for that? i don't believe so. g
john blackstone, cbs news, san francisco. >> we now return to scott pelley in washington. >> pelley: organized labor suffered a defeat today. michigan, the birthplace of the united auto workers, became the 24th right to work state. that means workers cannot be forced to join a union or pay union dues to get a job. the law was passed today by the republican legislature and signed by the governor. elaine quijano is in lancing for us tonight. >> right to work has got to go!...
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Dec 13, 2012
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john blackstone, clackamas mall, portland, oregon. >>> yesterday software big wig john mcafee was in a jail. he awaits in a hotel this morning on a ritzy beach. mcafee arrivinged in miami last night. he had gone there, running from police in belize where he was wanted for questioning in a murder. mcafee says he's not worried about being sent back to belize, and he'd be glad to answer questions in an american court. >> if i'm in an american court, there's nothing they have that will send me back. i have evidence about the corruption and harassment beginning with the attack on my property. of course, i'm not worried. i'd be happy to go before a judge, just not belize. >> police say no arrest warrant has been issued for mcafee. >>> a mega concert from the boss to bon jovi. some of the biggest rock stars in the world got together at new york's madison square garden to help hurricane victims. this is the "morning news." s." [ female announcer ] born from the sweet monk fruit, something this delicious could only come from nature. new nectresse. the 100% natural no-calorie sweetener made fr
john blackstone, clackamas mall, portland, oregon. >>> yesterday software big wig john mcafee was in a jail. he awaits in a hotel this morning on a ritzy beach. mcafee arrivinged in miami last night. he had gone there, running from police in belize where he was wanted for questioning in a murder. mcafee says he's not worried about being sent back to belize, and he'd be glad to answer questions in an american court. >> if i'm in an american court, there's nothing they have that...
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Dec 18, 2012
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blackstone apparently talked to them early. it appears to be a two-horse race. >> well, nice job moving the stock and a good bit of insight from both of you. thanks, guys. >>> when we come back, we'll talk to a newly appointed of the house member committee, marsha blackburn. it seems that everyone has an opinion on that. we're back in a minute. ard, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card. apply online or at a bank of america near you. >>> the dow is slightly off of the high but not by much, bob. boehner comes and complicates the fiscal cliff. >> it doesn't matter what boehner says anymore. we're going to get a deal whether he wants it or not. that's what the stock market believes. we have a deal, we don't have a d
blackstone apparently talked to them early. it appears to be a two-horse race. >> well, nice job moving the stock and a good bit of insight from both of you. thanks, guys. >>> when we come back, we'll talk to a newly appointed of the house member committee, marsha blackburn. it seems that everyone has an opinion on that. we're back in a minute. ard, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump...
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Dec 28, 2012
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blackstone has $550 million invested, insiders say there are three discussions about the ongoing investigation. starbucks looking to revamp its european operations, wall street journal reporting the coffee giant will open stores closer to areas where people work and live, at the high end shopping district. move following similar tactics starbucks used in a u.s. turnaround. that is the latest from fox business giving you the power to prosper. shot shibani: the countdown to avoid the fiscal cliff but another crisis has been averted. the longshoremen's strike that would have shut east coast and gulf coast ports at midnight tomorrow. dennis: phil keating has the latest details. he joined us from miami. phil: the good news is we can say no strike is happening this weekend. we could be right back where we were an hour-and-a-half ago worry about a pending strike if both sides do not finish working on everything over there 30 day extension that they agreed to. neither side sharing details yet as to how exactly they smoothed out there key sticking points over those royalty fees. the workers, the longsh
blackstone has $550 million invested, insiders say there are three discussions about the ongoing investigation. starbucks looking to revamp its european operations, wall street journal reporting the coffee giant will open stores closer to areas where people work and live, at the high end shopping district. move following similar tactics starbucks used in a u.s. turnaround. that is the latest from fox business giving you the power to prosper. shot shibani: the countdown to avoid the fiscal cliff...
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Dec 18, 2012
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i know that. >> reporter: for "cbs this morning," john blackstone, little ton, colorado. >> you spent ten years researching the massacre for the book "columbine." i'm pleased to have you here. >> thanks, charlie. >> people are rushing in trying to find motive, asking can, hwh can this happen, we often get it wrong. >> we often get it wrong. after columbine, three days later, we had it figured out. we, the media, public, everyone understand key things. >> you were there. >> yes, yes, i was there from the first afternoon. and at this point we had it all figured out. we knew that they were outcast, loner goths from the trenchcoat mafia who had been brutaled bullied by jocks and were doing this as a revenge act to get back at the jocks for doing it. everything i said is wrong. not one single element of that is true. definitely wasn't about targeting anyone. there were bombs trying to kill everyone. they were not loners or outcasts. they weren't at the top of the food chain, but they had quite a few friends, they had a very active social life. you look at the daytimers, and it's -- they're
i know that. >> reporter: for "cbs this morning," john blackstone, little ton, colorado. >> you spent ten years researching the massacre for the book "columbine." i'm pleased to have you here. >> thanks, charlie. >> people are rushing in trying to find motive, asking can, hwh can this happen, we often get it wrong. >> we often get it wrong. after columbine, three days later, we had it figured out. we, the media, public, everyone understand key...
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Dec 6, 2012
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john blackstone reports from seattle that supporters wasted no time celebrating. >> three, two, one -- whew! >> reporter: at the stroke of midnight, cheers in seattle of marijuana officially becoming legal in washington state. >> yeah! >> reporter: an impromptu celebration was head, appropriately enough at the space needle, a seattle high point. did you ever think you'd see this day? >> i certainly did not. i did not. >> reporter: the air was filled with the scent of victory. for those who campaigned for this night. although, that itself is stretching the new law. it is not legal to use marijuana in public, just like alcohol. and while it is now legal for those 21 and over to buy marijuana, it is not yet legal to sell it. the state still has to write rules for licensing marijuana retailers. >> this is the beginning of -- >> reporter: washington voters passed the law partly because of the efforts of one well-traveled resident of the state. >> hi. i'm rick steves. >> reporter: rick steves for 20 years hosted a popular public travel show was prominent among those campaigning for legal ma
john blackstone reports from seattle that supporters wasted no time celebrating. >> three, two, one -- whew! >> reporter: at the stroke of midnight, cheers in seattle of marijuana officially becoming legal in washington state. >> yeah! >> reporter: an impromptu celebration was head, appropriately enough at the space needle, a seattle high point. did you ever think you'd see this day? >> i certainly did not. i did not. >> reporter: the air was filled with the...
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we like blackstone and northern stanley and northern ttust. number of financials people are worried about whose stocks are cheap relative to book value because of the fear in the market. dave: let's talk about dividend stocks, dividend companies because there is a lot of interest. people are moving the dividend payments before the taxes go up. you say and people say even after 2012 there may be a retrenchment of dividend stocks but you say not so. even with the rising taxes there's still an advantage to companies that give out dividends. explain. >> quite simply we think if you look at the alternative space right now between fixed-income or bonds and stocks and you look at blue-chip companies that are saying 2.5% or 4% in terms of dividend yield and the same corporations are able to lever up in the bond market and issue debt at 3%, even if rates on dividends ere to go back to where they were prior to the george bush tax cuts being enacted you are after-tax next return still better off in terms of the dividend that starts out higher pace than a
we like blackstone and northern stanley and northern ttust. number of financials people are worried about whose stocks are cheap relative to book value because of the fear in the market. dave: let's talk about dividend stocks, dividend companies because there is a lot of interest. people are moving the dividend payments before the taxes go up. you say and people say even after 2012 there may be a retrenchment of dividend stocks but you say not so. even with the rising taxes there's still an...
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Dec 3, 2012
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for cbs "this morning," john blackstone, san francisco. >> now to director of the planetarium. help us what they may have here and why is it important? >> i don't have clarvoyance. it's not water. if it was something that crawled out from under a rock that would have shown up in the photographs. you would have said here's evidence for life. what we're looking for here is or began organic mo organic molecules. instead of searching for the full length of the stream's length you can look at the basin where it would have been deposited. any chance there was or beganics up the stream. >> what's the significance of organic mole kuls? >> some of them are found in life and if you find those ingredients that's a start. then you can find versions of those ingredients that have combined to make moles the cules. >> does it surprise you at all? >> mars has been tantalizing us for centuries and it's got polar ice caps, it's a 24-hour day. so we're thinking life anywhere in the universe, mars is it. >> here's the question, what might it be? beyond your fondest imagination? >> so, you know, th
for cbs "this morning," john blackstone, san francisco. >> now to director of the planetarium. help us what they may have here and why is it important? >> i don't have clarvoyance. it's not water. if it was something that crawled out from under a rock that would have shown up in the photographs. you would have said here's evidence for life. what we're looking for here is or began organic mo organic molecules. instead of searching for the full length of the stream's length...
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Dec 26, 2012
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as john blackstone reports, the new restrictions are causing heartbreak. >> reporter: outside chicago tuesday, the fong family celebrated christmas with hopes of adding a new member in the new year. >> our children are very much so excited to having a baby brother. like i said, we set up his room together. >> reporter: courtney fong and his wife natasha have two biological children, nathan and cameron. in 2010 they adopted eliana from siberia and made this video about their journey to bring her home. now they want to adopt again. >> this is the crib that we have set up for our son. >> reporter: but russia is on the verge of banning all american adoptions. the measure is widely seen as retaliation for a new u.s. law that punishes russians accused of violating human rights. last week president vladimir putin expressed support for the ban, but was cagey when pressed if he would sign it into law. >> we see this as another situation where vulnerable children could be impacted by human rights issues between these two countries. >> reporter: laurie goldheim of the american academy of adoptio
as john blackstone reports, the new restrictions are causing heartbreak. >> reporter: outside chicago tuesday, the fong family celebrated christmas with hopes of adding a new member in the new year. >> our children are very much so excited to having a baby brother. like i said, we set up his room together. >> reporter: courtney fong and his wife natasha have two biological children, nathan and cameron. in 2010 they adopted eliana from siberia and made this video about their...
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Dec 28, 2012
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blackstone isn't known to holding on to the companies for long and they're looking to pay off debt. sea world has been doing pretty darned well lately. the company is looking to make its big splash or public debut sometime next year. it will trade under the ticker symbol seas and hoping to raise $100 million in the offering. some estimates put it higher. remember the facebook road show? yes, underwriters for sea world are going to be doing the same thing, they'll shop the company around, gauge interest, to figure out the right size and the right price tag for the ipo before its debut. also sea world also owns the busch gardens and sesame place brands as well so we can relate to those theme parks, too. >> families love going to the parks but if you're mom, dad, two or three kids it's expensive. >> yes it is. >> what is the potential effect on ticket prices? >> that's a really good question. one ipo analyst we talked with said he doesn't see how it would affect ticket prices. he said that at least in florida, the sea world brand is always kind of played second fiddle to disney so it w
blackstone isn't known to holding on to the companies for long and they're looking to pay off debt. sea world has been doing pretty darned well lately. the company is looking to make its big splash or public debut sometime next year. it will trade under the ticker symbol seas and hoping to raise $100 million in the offering. some estimates put it higher. remember the facebook road show? yes, underwriters for sea world are going to be doing the same thing, they'll shop the company around, gauge...
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Dec 6, 2012
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for "cbs this morning," john blackstone, seattle. >> times are changing. >> times are changing. that really is the rub, is what the justice department is going to do. it's still a federal crime. now marijuana is legal for recreational use in washington and colorado state. >> it will be interesting to see how many states put it on now for a vote. >> exactly. >>> time to show you some of this morning's headlines according to the "new york times," british researchers say patients using a powerful breast cancer drug should use it for twice as long. tamoxifen patients who took it for ten years instead of five can dramatically reduce the chances of their cancer coming back. until now, doctors have told patient not to use the drug for more than five years because it was not worth it. >>> apple stock fell 6% on wednesday according to wall the street journal. some analysts predict it will keep falling. >>> those beignets taste good, too! folks around the burglary we have bay area, staying dry, but no rain. we need a break in the storm ee weather. still, we're seeing thick fog developing
for "cbs this morning," john blackstone, seattle. >> times are changing. >> times are changing. that really is the rub, is what the justice department is going to do. it's still a federal crime. now marijuana is legal for recreational use in washington and colorado state. >> it will be interesting to see how many states put it on now for a vote. >> exactly. >>> time to show you some of this morning's headlines according to the "new york...
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john blackstone clears the air. and what town has the winningest football team in the nation? wyatt andrews takes us to a community on hard times now riding high. >> one two, three. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. whether the u.s. enters the war in syria appears to be up to the dictator b
john blackstone clears the air. and what town has the winningest football team in the nation? wyatt andrews takes us to a community on hard times now riding high. >> one two, three. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. whether the u.s. enters the war in syria appears to be up to the dictator b
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Dec 10, 2012
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tony james the president of blackstone. obviously you mentioned bill at pershing. that is one, that luncheon is one of the auction items. liz: where is the lunch will be. we made it look like in my grandmother's saskatchewan. >> we'll do where the person wants in new york. we can't wait. we're very excited. took one phone call to bill, mark and tony to say this is for the rfk foundation. when you see things they're doing especially with medicine going to haiti and things like that, virtually actually. web-based ideas, it is just an easy sell. for me i was named after her dad. i'm robert. my brother is john, born 62 and '60. easy to be part of this. we called up paul volcker, obviously everyone in the country wants to hear paul's view on different things. liz: here's why. he solved stagflation in the '80s and saved our country in so many ways. interest rates were high but he figured it out. this is an incredible experience. fly fishing, the catskills with paul volcker. >> at his country club called balsam lake. it is, you get to go fly fishing two people with paul v
tony james the president of blackstone. obviously you mentioned bill at pershing. that is one, that luncheon is one of the auction items. liz: where is the lunch will be. we made it look like in my grandmother's saskatchewan. >> we'll do where the person wants in new york. we can't wait. we're very excited. took one phone call to bill, mark and tony to say this is for the rfk foundation. when you see things they're doing especially with medicine going to haiti and things like that,...
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Dec 19, 2012
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>> love blackstone. steve schwartz man is running a good shop. >> doc? >> hartford. hig calls out there in next year. >> stick to emerging markets. dvye is my method of doing that. >> that does it for us. don't forget to catch more "fast money" tonight at 5:00 p.m. follow me on twitter as always @scottwapner. major averages are still fighting it out. "power lunch" picks up the ball, runs with it right now. >>> lace them up, halftime is over. the second half of the trading day starts now. >> well, just when we thought we were finally getting some movement on the fiscal cliff, talks apparently have hit a snag. president obama threatening to veto house speaker boehner's proposal plan b. he called obama irrational. where do the two sides stand right now, especially on spending? president obama says the nation has a deep obligation to stop gun violence and appoints vice president biden to lead the administration's effort on this. we'll have the details on that and look at the legal implications for gun manufacturers. and general motors buying back 200 million shares of it
>> love blackstone. steve schwartz man is running a good shop. >> doc? >> hartford. hig calls out there in next year. >> stick to emerging markets. dvye is my method of doing that. >> that does it for us. don't forget to catch more "fast money" tonight at 5:00 p.m. follow me on twitter as always @scottwapner. major averages are still fighting it out. "power lunch" picks up the ball, runs with it right now. >>> lace them up, halftime is...
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Dec 21, 2012
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john blackstone in san francisco. >> with us now is mihio kakue, best selling author good morning. >> good morning. >> is this much adieu about nothing? >> well all week i've been telling people don't quit your day job. for god's sake pay your rent and do your laundry. the irony is the mayans never made this prophecy. the mayan calendar is cyclical, this was hijacked about by a doomsday that does tv specials propagating these things. remember y2k, every ten years. >> where does it come from money, people wanting to make a buck. >> that's right, this is a cash cow unfortunately. it's a cash cow because there are over 3,000 books available on the internet about this so-called disaster. now if the so-called prophecy were correct, all you have to do is look up. the sky should be on fire. we should be colliding with the black hole or the tenth planet out there, but hey, it's raining and snowing. the sky is not on fire. >> all right professor, you are a physics professor so explain to us what it would take to bring the end of the world. >> well there are the possibilities of a meteor or com
john blackstone in san francisco. >> with us now is mihio kakue, best selling author good morning. >> good morning. >> is this much adieu about nothing? >> well all week i've been telling people don't quit your day job. for god's sake pay your rent and do your laundry. the irony is the mayans never made this prophecy. the mayan calendar is cyclical, this was hijacked about by a doomsday that does tv specials propagating these things. remember y2k, every ten years....
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Dec 15, 2012
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and i also prefer blackstone. i think they're better bets with better run management doing better things. it's done very well for us. let's go to shane in georgia. shane. >> caller: jim, hi. good to talk with you. semper fi boo-yah. >> yes. thank you for serving boo-yah. how can i help? >> caller: sirius xm radio is my stock. >> i think it's kind of topped out here because i like mel karmazin. and mel karmazin is going to be leaving. so 3 and change is about all i think you're going to get out of sirius. because, well, what can i tell you? i love mel and mel's stepping out. and that, ladies and gentlemen, is the conclusion of the "lightning round"! >> announcer: coming up -- beating the buzz. >> the fiscal cliff is a complete made up deadline. >> the drone out of d.c. is deafening. as politicians posture head of the fiscal cliff. but don't let washington worries keep you out of the game. cramer's got a spec play that could connect you to solid returns. get the 411, next. >>> i have to admit the need to constantly
and i also prefer blackstone. i think they're better bets with better run management doing better things. it's done very well for us. let's go to shane in georgia. shane. >> caller: jim, hi. good to talk with you. semper fi boo-yah. >> yes. thank you for serving boo-yah. how can i help? >> caller: sirius xm radio is my stock. >> i think it's kind of topped out here because i like mel karmazin. and mel karmazin is going to be leaving. so 3 and change is about all i think...
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Dec 27, 2012
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entertainment filing for the ipo coming three years after the orlando based operator was acquired by blackstone group at 2.5 billion dollars. they purchased them from anheuser-busch and as. this is the latest from fox business, giving you the power to prosper. >> russia hosting peace talks to end the civil unrest over 20 months. will they encourage president aside to step down? let's go to our correspondent from jerusalem. >> so far the russians have said they will not encourage aside to step down but it must be solved from dialogue. and he said he felt syria could go into a bloody mess but some feel we already have of bloody mess with 45,000 people killed. the rebels tightened the noose on some of the larger power base like damascus and other areas where there is fighting right now but the russians have been the biggest protector that if some point* russia will abandon assad the rebels think russia will lose all influence which is what they do not want to do. then there would be a transitional government, of constitution, the election for right now it does not seem they will take any part of t
entertainment filing for the ipo coming three years after the orlando based operator was acquired by blackstone group at 2.5 billion dollars. they purchased them from anheuser-busch and as. this is the latest from fox business, giving you the power to prosper. >> russia hosting peace talks to end the civil unrest over 20 months. will they encourage president aside to step down? let's go to our correspondent from jerusalem. >> so far the russians have said they will not encourage...
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Dec 17, 2012
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and i think they even had blackstone listed for restructuring advice. >> restructuring meaning, we had to take this thing into the distressed situation, even potentially bankruptcy. they raised $2 billion in debt over the last few years. they have limited access for new debt capital. substantial funding gap. restructuring is possible. all these things said in the conference call, because they are going to have a shareholder vote down the road. that's 90, 120 days away. we have a proxy yet to come. they want to set the stage and say, come on. they hired an investment bank to inspect an option in 2010. by the way, we got incredible proposal the last few weeks to potentially sell spectrum, but we concluded that was not any better. in fact, a bit worse. squishy is the term some were using with me to the sprint deal as well. so all those things cited as reasons why this special committee agreed to $2.97 a share. that, by the way, the ceiling on what soft bank, which does have the right here to say yes or no to sprint, willing to go to the same price that was paid to eagle river. mccall star
and i think they even had blackstone listed for restructuring advice. >> restructuring meaning, we had to take this thing into the distressed situation, even potentially bankruptcy. they raised $2 billion in debt over the last few years. they have limited access for new debt capital. substantial funding gap. restructuring is possible. all these things said in the conference call, because they are going to have a shareholder vote down the road. that's 90, 120 days away. we have a proxy yet...